Tag Archives: art auctions

Art Radar is kicking off 2012 with a series of four posts that outline new trends in the Asian art world. How will dealers adapt as the world experiments with online market places?

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Preview lots for the Ayyam Auctions The Young Collectors Auction until 16 January 2012, then head to Ayyam Art Center in Dubai the next day for the auction proper.

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A recent article published in The Wall Street Journal gives us a rare peek into the minds and habits of seven top collectors and the strategies that they are employing.

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Asia Art Archive’s 2011 fundraiser auction has works by Wu Guanzhong, Nam June Paik, Takashi Murakami, Raqs Media Collective and other renowned Asian artists up for sale.

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A report published in The Wall Street Journal in October 2011 identifies new trends set by Chinese collectors and reveals how the auction market is responding to new demand.

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The Financial Times investigates the profession of art advisory, a field which is experiencing rapid growth in today’s competitive art market.

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Saffronart has reported that over half of all lots in their 2011 Autumn Art Auction were sold. A work by Tyeb Mehta took the top lot spot, selling for USD1,565,000.

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China-based bilingual art publication LEAP has put together an incredibly in-depth April 2011 issue that focusses on China’s art education system, past to present.

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It can be tough to engage today’s tech-dependent children in “real world” art history education but it seems that French company Archimuse has found a solution.

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Want to know which art markets are set to emerge? The third ArtInsight market seminar for 2011 gathers professionals to discuss Russia, India, Brazil, Africa and others.

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Will 2011 be the year the Israeli art market makes it’s comeback? It is the year Bonhams has chosen for its first auction of modern and contemporary Israeli art and Judaica.

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The catalogue for Indian Saffronart’s 2011 Spring Online Art Auction is available on their website. Big names listed include Subodh Gupta, Jitish Kallat and Bharti Kher.

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Art Radar Asia has put together a list of this year’s biggest-selling Asian artists, compiled from the Artprice Annual Report (2009/2010). Out of the 500 international contemporary artists named by Artprice, 238 come from Asia. With artists like Yifei Chen (China), Anish Kapoor (India) and Takashi Murakami (Japan) topping the list, the results of this report are a testament to the continued growth of the Asian art market. Continue reading →

CHINESE INDIAN ARTISTS CONTEMPORARY SCULPTURE ART MARKET REPORT Three Indian and two Chinese artists are featured in Artprice’s top 10 of contemporary artists for auction revenue from sculptures. While the report’s contemporary painting segment features artists from the US, the … Continue reading →

“The Perfect Storm” is what Christie’s International CEO Steven Murphy called the company’s Hong Kong Autumn 2010 auctions that ended on 2 December. The auctions resulted in a total of USD414 million in revenue from art and collectables sales which is a 95 percent increase from last year. To follow on from our report on Sotheby’s record-breaking October auction results, we round-up what’s being said in the media about the Christie’s event. Continue reading →

For the last couple of years, the Malaysian art scene has been opening up to visitors. The 4th International Art Expo Malaysia, held at the end of October this year, attracted large numbers of visitors and buyers and the event has been instrumental in encouraging the Malaysian art market. While this expo is perhaps Malaysia’s best known international art event, the real story could be said to begin with Henry Butcher Art Auctioneers. Continue reading →

The seven day Sotheby’s Hong Kong Autumn 2010 sales series was a revealing and record-breaking event. Most artworks sold for well above estimates, mainland Chinese buyers outnumbered those from Hong Kong and Asian art sales eclipsed those of Western art. Art Radar trowels the media to find and summarise the best reports on the sales. Continue reading →

Artnews has compiled, in close consultation with art industry professionals, a list of the top ten international collectors. Not surprisingly, nine out of the ten are named on the Forbes billionaires list. Modern and contemporary art prove a popular choice. Continue reading →

ART AUCTION FUNDRAISER HONG KONG CURATOR INTERVIEW Para/Site Art Space, a non-profit organisation located in Sheung Wan, Hong Kong, will hold its annual Para/Site Fundraising Auction in early November this year. It will take place in the Kee Club, who … Continue reading →

EMERGING YOUNG ASIAN ARTISTS The “Alternate-Friday Top Series” is a series of lists, produced fortnightly by Artprice, which provide artist ranking on various themes. The September 10th edition lists the top ten artists aged under thirty that have achieved the … Continue reading →

ART PRICE DATABASE DEALER NEWS Artnet group, the leading art price database and online art auction company has chosen the year 2010 to branch out into a brand new venture: art dealing. And it chose a surprising venue for its … Continue reading →

ART FAIRS TAIWANESE ART EVENTS INTERNATIONAL ART ASIAN CONTEMPORARY ART Art Radar presents a Sunday at Art Taipei 2010 in nine images accompanied by quotes from Korean gallery director Jung Yong Lee and the refreshingly honest Pearl Lam, panel members … Continue reading →

ART AUCTIONS NEW TECHNOLOGY MOBILE PHONES Art Radar Asia has found a new tool available to collectors when bidding for artworks at auction – lots can now be won via mobile phone bids. As reported on the Saffronart website, the … Continue reading →

SEOUL AUCTION HOUSE RESULTS A recent article by The New York Times explains the market trends of recent Hong Kong newcomer, Seoul Auction’s two highly successful auctions held in 2009:  Korean collectors continue to acquire Western contemporary artists, Chinese artists … Continue reading →

GLOBALISATION CHRISTIE’S ART AUCTIONS Globalisation in the art market may be slowing down according to an article published recently in The Economist. In spite of the growing numbers of artists and buyers from locales ranging from Africa to Asia, May sales in New … Continue reading →